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    FISITA World Mobility Conference 2025: Key themes and concerns for the automotive industry
    One thing is abundantly clear after the FISITA World Mobility Conference (WMC) last week. Megatrends impact everything. No longer can chassis development, braking, safety validation and so forth stand alone without impact from the broader drive towards electrification, the AI revolution or SDVs, to name a few.  The event’s sessions gave the impression that electrification is already baked into the industry, particularly in Europe where the debate on (regulation-pushed) direction is ...
    Insights
    Beyond horsepower: Compute becomes the new competitive edge for OEMs
    Automotive compute power is becoming a defining metric of vehicle capability — not just for autonomy, but across cockpit systems, connectivity and life-cycle software deployment. As vehicles transition toward centralized electrical/electronic (E/E) architectures and software-defined platforms, silicon performance is now a core determinant of what a vehicle can do — and how long it will remain competitive in the field. Two metrics have emerged as industry standards for measuring this compu...
    Insights
    Rapid Response: Impact analysis of US automotive tariff actions - Issue #13
    The latest edition of the Rapid Response series covers updates to Section 232 steel and aluminum tariffs, changes to how calculations for derivative parts are applied and, finally, provides first guidance to S&P Global Mobility's June forecast update.
    Report
    Geopolitical impact on North American supply chain strategies
    A comprehensive plan that outlines how an organization will manage its supply chain operations to achieve its business objectives. It includes decisions related to sourcing, production, logistics, inventory management and distribution. The strategy aims to optimize efficiency, reduce costs and improve quality. Key elements include supplier selection, technology integration, risk management and sustainability practices.
    Report
    US President Trump announces 25% tariff on Japanese and South Korean imports as 90-days negotiation period nears
    US President Donald Trump announced a 25% tariff on goods imported from Japan and South Korea, effective Aug. 1, as the 90-day negotiation period offered in the first week of April comes to an end this week, the Associated Press (AP) reported July 8. Trump communicated this decision through letters posted on the social networking website Truth Social to the leaders of the respective countries, cautioning them against retaliatory measures that could lead to a further increase in tariffs...
    Briefing
    VinFast-backed V-Green opens largest EV charging hub in Hanoi, Vietnam
    V-Green has launched a new electric vehicle charging hub, which features the largest number of superfast charging piles installed at a single facility in Hanoi, Vietnam. The EV charging hub is located at the Minh Khai parking lot on Cau Dien street in Nam Tu Liem district. Notably, V-Green is a part of Vietnamese vehicle manufacturer VinFast Group. The unit was set up by the carmaker to invest in setting up EV charging infrastructure across the country.  Situated on a major road ...
    News
    Anhui Anwa New Energy Technology produces first samples of solid-state batteries in mainland China
    Anhui Anwa New Energy Technology, an emerging battery technology company in mainland China, has produced its first batch of engineering samples for its solid-state battery. The solid-state battery samples have an energy density of 300 watt-hours per kilogram (Wh/kg). The company, which was founded in June 2020, aims to launch a giga-scale assembly operation for its solid-state batteries in mainland China. Chery New Energy, a unit of automaker Chery, holds a 9.89% stake in Anhui...
    News
    AutoTechInsight Weekly - 7 July 2025
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    News
    Hyundai plans to offer third-generation Creta SUV in India with hybrid powertrain option
    Hyundai is gearing up to introduce its third-generation Creta SUV, codenamed SX3, featuring a range of engine options, Autocar Professional reported on June 26. The popular midsize sport utility vehicle (SUV) will offer four engine choices, including two petrol engines, one diesel engine and a petrol-hybrid engine. The hybrid variant will be equipped with a 1.5L naturally aspirated 4-cylinder petrol engine, similar to the setup in the Kia Seltos. The lineup will include a 115hp, 1.5L petrol e...
    News
    Volkswagen, Renault drive vehicle-to-grid projects in Europe
    Volkswagen and Renault are driving pilot projects focused on bidirectional charging in Europe. While these projects are being managed at a small scale, both carmakers are expected to scale up their respective vehicle-to-grid (V2G) projects to support the EU's power grid in the future. Utrecht has become the first European city to launch a large-scale V2G system through a collaboration involving Renault Group, We Drive Solar, MyWheels, and the local municipality. The initiative, which is named...
    News
    US EV tax credits set to expire Sept. 30
    The US electric vehicle tax credits, which include a $7,500 credit for new EV purchases or leases and a $4,000 credit for used EVs, are set to expire Sept. 30 following the recent tax and budget legislation passed by Congress. This change marks the end of incentives that have boosted EV sales in recent times. The Electrification Coalition expressed concerns that the expiration of these credits could hinder the US' role in the global shift toward electric transportation, potentially ceding lea...
    News
    Volvo Cars to produce Polestar 7 premium electric SUV at upcoming manufacturing plant in Slovakia
    Volvo Cars and Polestar have signed a memorandum of understanding (MOU) to collaborate on developing and producing the Polestar 7, a fully electric compact sport utility vehicle scheduled for launch in 2028. The premium electric SUV will be manufactured at Volvo Cars' upcoming manufacturing plant in Kosice, Slovakia, marking it the second car to be assembled following an undisclosed Volvo model. The Polestar 7 will share technology with two upcoming Volvo models, including...
    News
    Kongsberg Automotive reduces costs amid market challenges and geopolitical tensions
    Kongsberg Automotive (KA) has completed a plan to reduce overhead costs, which is anticipated to save the company €15 million annually. This initiative, revealed during the company's first-quarter presentation in May, is part of KA's strategy to enhance its financial performance. It complements a previously announced cost adjustment program and will affect approximately 150 positions. The implementation of this plan began in May 2025, with most activities scheduled for completion within the ye...
    News
    Beam Scooter Rentals
    Beam Mobility Holdings Pte. Ltd. operates and rents a fleet of e-scooters and e-bikes in Australia, Malaysia, New Zealand, South Korea, Thailand, and Taiwan. The company offers its services through a mobile application. Beam Mobility Holdings Pte. Ltd. was formerly known as Apac Escooters PTE. Ltd. The company was incorporated in 2018 and is based in Singapore.
    Startup
    TROMOX Technology
    TROMOX Technology Co., Ltd. develops, manufactures, and sells two-wheeled electric motorcycles. The company also manufactures e-mopeds. It offers its products through a network of distributors. The company was founded in 2018 and is based in Hangzhou, China.
    Startup
    ZEWAY
    ZE WAY ASSET manufactures electric scooter. The company distributes its scooters on rental basis. The company provides scooter’s battery exchanging stations within short distances. ZE WAY ASSET was incorporated in 2019 and is headquartered in Paris, France.
    Startup
    U Power collaborates with Beijing Foton for battery swapping in global markets
    U Power Ltd., a provider of electric vehicle battery-swapping solutions, announced the signing of a memorandum of understanding with Beijing Foton International Trade Co. Ltd., a subsidiary of Foton Motor, to jointly promote battery-swapping-compatible electric heavy trucks, buses and vans in Southeast Asia, South America, Hong Kong and Macau markets. U Power will offer technological support to integrate battery-swapping capabilities into Beijing Foton vehicles and develop battery-swappi...
    News
    CATL launches two battery production lines inside Seres’ EV factory in Chongqing
    In a first-ever move, Contemporary Amperex Technology Ltd. (CATL), the world's largest manufacturer of electric vehicle batteries, has launched its production lines inside a carmaker's factory to produce and supply customized battery cells. According to the report published by Yicai Global on July 1, CATL has commenced operations at a production line installed at a factory owned by Seres Group for the latter's premium EV brand Aito.  Two CATL Cell-to-Pack 2.0 production lines have b...
    News
    Canoo
    Canoo Inc., a mobility technology company, designs, develops, markets, and manufactures electric vehicles for consumer, commercial fleet, government, and military customers in the United States. The company utilizes its multi-purpose platform architecture, a self-contained, fully functional rolling chassis that directly houses the critical components for operation of an electric vehicle, including its in-house designed proprietary electric drivetrain, battery systems, advanced vehicle control el...
    Startup
    ElecTorq Technologies
    Electorq Technologies Private Limited designs and manufactures self-ride electric scooters under the brand “BAZZ” in India. It also offers fleet management solutions to fleet operators. The company was founded in 2019 and is based in New Delhi, India.
    Startup
    LeapMotor
    Zhejiang Leapmotor Technology Co., Ltd. engages in the research and development, production, and sale of new energy vehicles in Mainland China and internationally. The company offers C01, a smart electric sedan; C11, a smart electric SUV; T03, a smart battery electric vehicle; and C10, a globalized strategic model. It is also involved in the manufacture and sale of electric vehicles and components; providing electric vehicle charging operation and aftersales services; new energy vehicle retail; ...
    Startup
    Mozio
    Mozio, Inc. operates an online airport transportation search and booking engine. Its platform allows travelers to search and book airport shared ride shuttles, private vans, airporters, taxis, airport limousines, sedans, and SUVs from airports in the United States, Canada, Latin America, Europe, and Asia. The company also provides API and affiliate programs for travel Websites and travel agents to sell shuttles, taxis, limos, and airporters. Mozio, Inc. was incorporated in 2012 and is based in S...
    Startup
    Ola Electric Mobility
    Ola Electric Mobility Limited designs, manufactures, and sells electric vehicles in India. The company provides scooters, battery packs, motors, and vehicle frames in-house, including cells. It offers charging solutions. In addition, the company operates service centers and provides roadside assistance. Ola Electric Mobility Limited was incorporated in 2017 and is based in Bengaluru, India.
    Startup
    swvl
    Swvl, LLC. offers private mass transit, ride sharing, and shared mobility passenger transportation services. The company provides intercity, intracity, B2B, and B2G transportation; school rides; university rides; and business rides in megacities across Africa, Asia, and the Middle East. The company also develops and operates a private bus booking application SWVL, which offers fixed-route bus trips ticket reservation and payment services in Egypt, Kenya, and Pakistan. Swvl, LLC. has a strategic ...
    Startup
    Unagi Scooters
    Unagi, Inc. designs, manufactures, rents, and sells electric scooters. Its products include portable and ultra-portable e-scooters, accessory bundles, helmets, and carry satchels. The company sells its products through dealers, as well as online. Unagi, Inc. was incorporated in 2018 and is based in Oakland, California.
    Startup
    Voi
    Voi Technology AB provides micromobility services. It offers electric scooters and bike for urban commuters in cities. It provides services through its mobile application software. The company was founded in 2018 and is based in Stockholm, Sweden.
    Startup
    Zeekr
    ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of the electric vehicles and batteries. It offers battery electric passenger vehicles (BEVs) and SUVs. The company also produces and sells electric powertrain and battery packs for electric vehicles, such as motors and electric control systems; and provides automotive related research and development services. It operates in China, Europe, ...
    Startup
    Zeelo
    Zeelo LTD., a bus-sharing company, provides smart transportation services for commuting, school runs, and events. It offers booking and tracking tools that riders use to buy and manage subscriptions and to track their vehicles; automated operations tools to manage trips; automated reporting; and staff transport services for employees. The company offers Zeelo Driver, an application that provides drivers with all the information about trips, locations, navigation, passenger lists, and vehicle tra...
    Startup
    EV advocacy groups urge US House to revise Senate bill on EV tax credits
    An electric vehicle advocacy group has called on the US House to revise a Senate-approved bill that would eliminate the $7,500 tax credit for new electric vehicle sales and leases, and the $4,000 credit for used EVs, effective Sept. 30. The Electrification Coalition emphasized that removing these credits could undermine the US manufacturing industry and hand over control of the future of transportation to mainland China, urging the House to oppose the bill. Calstart, a California-based nonpro...
    News
    Einride
    Einride AB provides transportation of goods. The company also manufactures Einride Pods, the electric trucks for road freight transportation of pallets, timber, and perishable goods. It also offers clients to plan, order, and track sustainable transport. The company was founded in 2016 and is based in Stockholm, Sweden with additional offices in Gothenburg, Sweden; New York, New York; and Austin, Texas.
    Startup
    H2X
    H2X is working to offer a range of hydrogen-powered hybrid vehicles. The company has developed hybrid powertrain, leveraging kinetic energy through battery and ultracapacitor technology, with strong focus on hydrogen.
    Startup
    Ultraviolette
    UltraSense Systems, Inc. develops integrated 3D ultrasound sensor solutions. It offers TouchPoint sensors that enable a low-power user interface, which detects touch and force through virtually any material and material thickness using its 3D ultrasound technology. The company also provides a development kit. The company was incorporated in 2018 and is based in San Jose, California with locations in Shanghai, China; Zhubei City, Taiwan; Seoul, South Korea.
    Startup
    Tesla deploys V4 Superchargers in mainland China
    Tesla has started operations of its first batch of V4 Superchargers in mainland China with a peak power output of 500 kW, while BYD progresses in deploying 1-MW charging facilities. As the largest electric vehicle market globally enters the megawatt-level ultrafast-charging era, Tesla announced on Weibo that its latest V4 Superchargers are now operational for both Tesla and other EV brands. These Superchargers are available at seven stations located in Shanghai, Zhejiang, Gansu and Chong...
    News
    Nissan plans job cuts, seek delayed payment option from suppliers to boost recovery efforts
    Nissan is implementing several measures as part of its recovery plan, which includes cutting 20,000 jobs, equivalent to about 15% of its global workforce, and negotiating with suppliers for extended payment terms to free up cash flow, according to a report by Electrek published June 30. This move follows a previous announcement by the Japanese automaker in May about workforce reductions and factory closures aimed at cost-cutting. In the UK, Nissan will commence discus...
    News
    Thailand BOI pushes for more local content in EVs with fresh incentives
    The Thailand Board of Investment (BOI) has approved investment projects totaling 28.6 billion baht (approximately US$870 million) focused on digital infrastructure and travel sectors. The BOI has also enhanced incentives for the use of local content in the manufacturing of electric vehicles and electrical appliances (E&E). The BOI has introduced incentives for local content use in the automotive and electrical appliance sectors by offering a two-year, 50% corporate income tax reduction. T...
    News
    AutoTechInsight Weekly - 30 June 2025
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    News
    BYD partners with voestalpine for steel supply to new Hungarian factory
    BYD has reached a supply agreement with voestalpine for procuring steel for its new passenger car factory in Szeged, Hungary. The facility is expected to begin manufacturing new-energy vehicles (NEVs) by the end of 2025.  This partnership marks a key milestone in BYD's policy of localized production, sourcing high-quality auto parts from local suppliers to support its goal of producing cars in Europe for Europe. Voestalpine was chosen for its geographical proximity to the Hunga...
    News
    Inside BMW - Sourcing and technology strategy
    This all-in-one report provides in-depth analysis of BMW's current and future production strategies. It also focuses on the uptake levels of key technologies and components across all AutoTechInsight vehicle domains.
    Report
    Toyota to assemble battery packs for hybrid RAV4 in Ontario plants by 2026
    Toyota is planning to assemble its own battery packs at its Ontario plants for the production of the all-new 2026 RAV4 SUV, which will be launched exclusively as a hybrid model. Toyota will add battery-pack assembly lines to its Ontario facilities as part of these preparations. These batteries will be built from cells manufactured at Toyota's newly opened battery plant in Kentucky. This move marks Toyota's effort to support the production of the hybrid RAV4 by retooling its Cambridge and Wood...
    News
    BMW Group Korea, KERI partner to establish EV charging interoperability testing center
    BMW Group Korea, led by CEO Han Sang-yoon, has entered into a business agreement with the Korea Electrotechnology Research Institute (KERI) to establish a Global Interoperability Testing Center (GIOTEC). The testing center, which is set to open in the second half of this year at KERI's Ansan branch, aims to enhance the compatibility of EV charging systems by evaluating interoperability among various EV models and charging systems. The collaboration between BMW and KERI intends to improve t...
    News
    GAC AION New Energy Automobile
    GAC Ai´an New Energy Automobile Co., Ltd manufactures electric cars and accessories. The company was founded in 2017 and is based in Guangzhou, China. GAC Ai´an New Energy Automobile Co., Ltd operates as a subsidiary of Guangzhou Automobile Group Co., Ltd.
    Startup
    Horse Powertrain develops fully-integrated hybrid powertrain assembly
    Horse Technologies, a division of Horse Powertrain, announced its new integrated hybrid drive unit, the HR18 HEV. This new powertrain is the first complete unit designed, developed and produced under the Horse Powertrain brand. Developed at research and development centers in Romania and Spain, the HR18 HEV will be manufactured at Horse Technologies' plants in Bursa, Turkey; and Valladolid, Spain. The hybrid powertrain consolidates key technologies into a singular, efficient unit, which inclu...
    News
    Lime
    Neutron Holdings, Inc., doing business as Lime, provides electric vehicle sharing services in the United States. The company offers dock-free bikes and scooters for riding through its mobile application. It offers Gen 4.1 scooters, e-scooters, e-bikes, Gen 3 e-scooters, Lime jump e-bikes, and Gen4 seated e-scooters. The company was incorporated in 2017 and is based in San Francisco, California.
    Startup
    Oben EV
    OBEN Electric Vehicle Private Limited, an electric vehicle company, develops and manufactures electric 2-wheelers. It offers electrically driven scooters. The company was incorporated in 2020 and is based in Bengaluru, India.
    Startup
    ONO
    ONOMOTION GmbH develops and manufactures electric cargo bikes. The company offers Pedal Assisted Transporter (PAT) for goods transportation and urban logistics solutions. ONOMOTION GmbH was formerly known as Tretbox GmbH and changed its name to ONOMOTION GmbH in July 2018. The company was founded in 2016 and is based in Berlin, Germany. As of December 1, 2024, ONOMOTION GmbH operates as a subsidiary of Emoving GmbH.
    Startup
    Telo Trucks
    Telo Trucks Inc. engages in manufacturing light trucks and sport utility vehicles. It develops the smallest long-distance all-electric pickup truck. Telo Trucks Inc. was formerly known as Olley Inc and changed its name to Telo Trucks Inc. in June 2023. The company was incorporated in 2018 and is based in San Carlos, California.
    Startup
    umob
    uMOB B.V. develops a Mobility-as-a-Service (MaaS) platform that offers users access to various modes of transportation, including public transport, taxis, and shared options like scooters, bicycles, and cars. The company through its platform allows the user to explore travel options, search for the nearest ride, and book and pay for the ride through the application. The company was founded in 2021 and is headquartered in Rotterdam, the Netherlands.
    Startup
    Mapping the market – What direction are navigation systems heading?
    As the industry continues to rev up production of electrified, automated and software-defined vehicles, we ask navigation giant TomTom how its systems are developing in line with these megatrends. This includes how it is attempting to overcome challenges such as HD mapping without the costly solution of sending out a global fleet of camera-topped vehicles, as well as overcoming a consumer preference for smartphone projection over embedded navigation. From 5G coverage to further expanding i...
    Podcast
    CATL establishes a new JV to explore robo-taxi segment
    The world's largest battery manufacturer, CATL, has made a strategic move into the robo-taxi sector by establishing a new joint venture with local partners. The new JV, Shanghai Zaofu Intelligent Technology Co. Ltd., was registered in Shanghai and has a capital of 1.288 billion yuan (about $177.5 million). The newly formed company will focus on developing Level 4 autonomous driving technology. The joint effort includes contributions from Hello, Ant Group and CATL, with initial investments ...
    News
    U Power plans 55 smart battery-swap stations in Hong Kong to advance zero-carbon goals
    U Power Ltd. announced its plan to build 55 smart battery-swap stations in Hong Kong as part of its strategy to promote zero-carbon living, marking a significant move toward the city's zero-emission target by 2050. This initiative, revealed at the inauguration of Hong Kong's first demonstration smart swap station, includes the construction of four bus-only stations and the world's first ferry swap stations. The event was attended by Hong Kong government officials, business leaders and industr...
    News
    AutoTechInsight Weekly - 23 June 2025
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    News
    Xiaomi secures new land parcel in Beijing for its EV manufacturing plans
    Xiaomi Jingxi Technology Co. Ltd., a subsidiary of Xiaomi, has acquired a new land parcel in Beijing's Yizhuang area for 635 million yuan (about $88.39 million). The land spans 485,133.91 square meters and is leased for 50 years. The land parcel is strategically located next to Xiaomi's existing electric vehicle factory and will be used for a new-energy intelligent connected vehicle manufacturing project. Xiaomi, which announced its entry into the automotive sector in March 2021, had signed a...
    News
    Tata Motors remains unaffected by mainland China’s rare earth export curbs so far
    Tata Motors, India's largest electric vehicle manufacturer, is not experiencing disruptions in sourcing rare earth magnets, despite mainland China's export restrictions. At its 80th Annual General Meeting, Chairman Natarajan Chandrasekaran assured shareholders that the company is managing its supply needs and is exploring alternative sources to ensure future availability. Mainland China dominates the global supply of rare earth elements (REEs), prompting Tata Motors and other automakers wo...
    News
    AIWAYS
    Aiways Automobile Co., Ltd. manufactures and sells electric vehicles. The company provides electric-based SUV U5, U6, and U7 models. The company was founded in 2017 and is based in Shangrao, China.
    Startup
    Ather Energy
    Ather Energy Limited designs, develops, and sells electric two-wheelers, battery packs, charging infrastructure, and associated software and accessories. The company was incorporated in 2013 and is headquartered in Bengaluru, India.
    Startup
    CerebrumX
    CerebrumX Labs Inc. designs, develops, and offers an automotive data management platform augmented with contextual information. It offers solutions, such as data access, usage-based insurance, fleet management, aftermarket, OEM, and media. The platform consists of features, such as CXDataKit, CXInsight, CXPrism, a consent management system, and data privacy and anonymization. CerebrumX Labs Inc. was incorporated in 2020 and is based in Novi, Michigan with an additional office in Gurugram, India.
    Startup
    Lightyear
    Atlas Technologies B.V., trading as Lightyear, develops, manufactures, and assembles long-range solar electric vehicles. It offers solar cars for independent explorers. The company delivers its products to customers in the European Union, Norway, and Switzerland. Atlas Technologies B.V. was founded in 2016 and is based in Helmond, the Netherlands.
    Startup
    Tata Technologies partners with Volvo Cars for software-defined vehicles
    Tata Technologies, a global product engineering and digital services company, has been chosen as a strategic supplier by Volvo Cars, according to a press release on June 19. This partnership emphasizes Tata Technologies' commitment to fostering innovation for smarter, safer and more sustainable solutions for the automotive industry. Volvo Cars aims to redefine mobility through electrification and software-defined vehicle platforms. Its goal is to enable clients to experience personal, sustainabl...
    News
    Zhizi Automotive Technology
    Zhizi Automotive Technology Co., Ltd. is a new energy intelligent commercial vehicle company. It is mainly engaged in pure electric, hydrogen energy, and other new energy intelligent heavy truck products. The company was founded in 2022 and is based in China.
    Startup
    Electric-truck maker Slate to source batteries from SK On
    South Korean battery company SK On has been chosen as the battery supplier for the US electric vehicle startup Slate Auto. This partnership underscores SK On's growing footprint in the US market. Starting in 2026, SK On will provide Slate with approximately 20 GWh of US-manufactured batteries until 2031, with the possibility of additional volumes as Slate's production increases. Slate's vehicles will utilize SK On's nickel-cobalt-manganese (NCM) batteries, which offer high-energy density and ...
    News
    EVELO
    EVELO Inc. manufactures electric bicycles. It offers its products directly, as well as online in the United States and Canada. The company was incorporated in 2012 and is headquartered in New York, New York.
    Startup
    PT. Volta Indonesia Semesta
    PT. Volta Indonesia Semesta develops, manufactures, and markets electric motorcycles. The company was founded in 2017 and is based in Semarang, Indonesia.
    Startup
    Sondors Electric Car Company
    Sondors Electric Car Company manufactures and sells electric bikes. Its products include all-terrain e-bikes, MetaCycle, foldable e-bikes, mountain e-bikes, and signature bikes. The company also offers parts and accessories and apparel. Sondors Electric Car Company was founded in 2015 and is based in Malibu, California.
    Startup
    Zhejiang Doohan Technology
    Zhejiang Doohan Technology Co., Ltd manufactures three wheeler electric automobile. The company provides doohan dual wheel technology based iTank series and iTango series scooters. Zhejiang Doohan Technology Co., Ltd was founded in 2014 and is based in Taizhou, China.
    Startup
    Zenobē partners to expand zero-emission bus program in Brampton, Canada
    Zenobē has announced a significant project in Brampton, Canada, involving a partnership to expand zero-emission bus (ZEB) programs. Brampton's initiative, one of the largest in North America, will introduce 1,000 electric buses, replacing the city's diesel fleet and supporting over 40 million passengers annually. The first phase is projected to be operational by early 2027. This project is expected to bring C$1 billion in foreign investment to Canada, reinforcing business ties between the UK...
    News
    Mainland China-based automaker Hozon Auto enters bankruptcy review amid financial turmoil and restructuring plans
    Hozon New Energy Automobile, a mainland China-based automaker that sells electric vehicles under the Neta brand, has entered the bankruptcy review process, Yicai Global reported June 16, citing a notice posted on mainland China’s National Enterprise Bankruptcy Information Disclosure Platform (NEBIDP). The centralized information platform on bankruptcy cases updated its records on June 13, adding Zhejiang Zicheng Law Firm as the case administrator. This follows a bankruptcy review case fil...
    News
    Polestar secures $200 million investment from Geely Group's founder-owned PSD Investment
    On June 16, Polestar announced that it has secured a $200 million equity investment from one of its key shareholders, PSD Investment Ltd., a company controlled by Shufu (Eric) Li, the founder and chairman of Geely Holding Group. As per the securities purchase agreement, the Swedish carmaker will sell nearly 190.5 million newly issued Class A American depositary shares (ADS) to PSD Investment. The transaction is structured as a private investment in public equity (PIPE) at a price of $1.0...
    News
    Hyundai Motor begins engine production at Talegaon plant in India
    Hyundai Motor India Ltd. has officially commenced the production of passenger vehicle engines at its Talegaon manufacturing facility in Maharashtra, India, Autocar Professional reported June 16. The Indian subsidiary of the South Korean automaker Hyundai Motor, which went public in October 2024, disclosed this key milestone in a regulatory filing with the National Stock Exchange and BSE. In 2023, Hyundai acquired the Talegaon plant from General Motors as part of its long-t...
    News
    Leap, XOS partner to support the power grid with electric fleets
    Leap Energy, a platform for virtual power plants (VPPs), and XOS Inc., an electric truck manufacturer and fleet services provider, have forged a partnership to provide grid revenue opportunities for electrified fleets. This collaboration entails connecting XOS Hub charging technology to energy markets using Leap's automated platform. XOS manufactures electric stepvan vehicles for prominent logistics companies such as FedEx and UPS, and has developed the XOS Hub, a mobile, battery-integra...
    News
    Suppliers to the Nissan Murano
    The Nissan Murano is produced at the Smyrna Vehicle Assembly Plant in Tennessee.  Production of the vehicle is expected to peak at more than 37111 in 2025  according to a forecast from S&P Global Mobility. Image Source : Nissan  Suppliers to the Nissan Murano COMPONENT NAME SUPPLIERS Connected Garage Door Access Control Chamberlain Group LED Rear Combination Lamp North American Lighting ...
    Insights
    AutoTechInsight Weekly - 16 June 2025
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    News
    Ford CEO said company is struggling with rare earth material supplies
    Ford is struggling with the supplies of rare earth materials, Detroit Free Press and several other media outlets reported CEO Jim Farley telling Bloomberg TV in an interview. Mainland China, which holds over 90% of the global rare earth processing capacity, introduced stricter export licensing rules in April, affecting the supply to Western manufacturers across various industries, including automakers focused on electric vehicles. Farley highlighted ongoing difficulties, saying that the compa...
    News
    Hyundai Steel to supply 100,000 metric tons of steel to GM Korea amid strategic shift
    Hyundai Steel, a subsidiary of Hyundai Motor Group (HMG), plans to supply 100,000 metric tons of auto steel sheets to GM Korea, starting in September, The Korea Herald reported June 13. This decision follows GM Korea's move to change its steel sheet supplier from mainland China-based steel manufacturer Baoshan Iron & Steel amid quality certification processes. The supply will account for 20% of GM Korea's annual steel sheet consumption. This marks Hyundai Steel's first substanti...
    News
    Minda Corp. partners with Toyodenso to jointly develop and produce advanced automotive switches in India
    On June 11, Minda Corp. Ltd., the flagship company of India-based Spark Minda Group, announced a joint venture agreement with Japan-based Toyodenso Co. to produce advanced automotive switches for the Indian market. This partnership will provide comprehensive solutions, including design, development, manufacturing and marketing of automotive switches for two-wheelers, passenger cars and other segments. Minda Corp. will hold a majority stake in the venture with a 60/40 shareholding ratio. ...
    News
    Aptera
    Aptera Motors Corp. designs, manufactures, and retails three wheeled electric vehicles. It uses low-drag aerodynamics and can travel 1,000 miles on a single charge just by being parked in the sun. The company was incorporated in 2019 and is based in Carlsbad, California.
    Startup
    Hypercraft
    NanoGraf Corporation, a materials science company, engages in the development and commercialization of advanced materials for the energy storage market. It offers silicon-graphene electrode materials for lithium-ion batteries. The company's materials offer higher battery capacity and a decrease in charging time compared with other technology, enabling power industries to produce lithium-ion batteries via a low-cost, chemistry-based manufacturing process. NanoGraf Corporation was formerly known a...
    Startup
    Zoox
    ZongMu Technology (Shanghai) Co., Ltd provides autonomous driving solutions in China. The company offers intelligent driving system solutions, such as autonomous valet parking system, automatic parking system, 360-degree surround view advanced driver assistance system, ZATLAS full-stack high-definition map, and other intelligent travel ecological products. It also provides new energy vehicle wireless charging systems that transmit electric energy from the ground to the vehicle through electromag...
    Startup
    Trump overturns California's EV mandate
    US President Donald Trump has signed three congressional resolutions to reverse California's efforts to accelerate the adoption of electric vehicles and phaseout diesel engines and the sale of gas-powered cars by 2035. These resolutions seek to repeal state-level mandates supported by former President Joe Biden's administration. General Motors and Toyota had opposed California's rules concerning EVs and gas-powered engines. California's plan, which inspired similar initiatives in 11 other sta...
    News
    Lucid Motors
    Lucid Group, Inc., a technology company, designs, engineers, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems. It also designs and develops proprietary software in-house for Lucid vehicles. The company sells vehicles directly to consumers through its retail sales network and direct online sales, including Lucid Financial Services. The company is headquartered in Newark, California. Lucid Group, Inc. is a subsidiary of Ayar Third Investment Company.
    Startup
    Rivian
    Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name. It provides software and services, such as remarketing, vehicle repair and maintenance services, and vehicle electrical architecture and software development services. In addition, the c...
    Startup
    Sono Motors
    Sonatus, Inc. designs and develops vehicle and cloud software solutions. The company develops Digital Dynamics, a software-defined vehicle platform that helps automakers to harness vehicle data, add features, and diagnose problems. Its solutions include in-vehicle infrastructure, data management, and a vehicle automation platform. It caters to design and engineering, production, post Sales industries. The company was incorporated in 2018 and is based in Sunnyvale, California with additional loca...
    Startup
    STEER
    Argo Corporation provides technology-enabled transit solutions in Canada. The company offers Argo Transit, a platform that offers municipalities a transit solution which Argo Transit has been deployed can use the Argo app to request trips at or near door for a standard transit fare. It also provides Argo School, a platform to serve the student transportation market. The company was formerly known as Steer Technologies Inc. and changed its name to Argo Corporation in July 2024. Argo Corporation w...
    Startup
    Tier
    TIER Mobility SE, a micro-mobility company, provides electric kick scooters rentals for local commuting. The company also develops an application software that allows users to spot and book the scooter. Its products include myTIER and TIER Energy Network. The company was founded in 2018 and is based in Berlin, Germany with the additional locations in Austria, Denmark, Finland, France, Norway, Poland, UAE, United Kingdom, Qatar, Switzerland, and Sweden. As of March 25, 2024, TIER Mobility AG oper...
    Startup
    WM Motor
    WM Motor is a provider of new energy vehicles and travel solutions in mainland China. The company manufactures and develops energy conserving electric vehicles in addition to intelligent data hardware, enabling consumers to utilize smart cars that are efficient and energy conserving.
    Startup
    General Motors plans to invest $4 billion on its US manufacturing plants
    US carmaker General Motors (GM) announced that it plans to invest $4 billion over the next two years to boost its domestic production of gasoline-powered and electric vehicles. This investment aims to increase the company's annual domestic vehicle assembly to over 2 million units. GM's announcement follows an earlier plan to invest $888 million in the Tonawanda propulsion plant near Buffalo, New York, to support the development of its next-generation V-8 engine. The new investments will impac...
    News
    Xpeng unveils G7 SUV with proprietary Turing chip for smart-driving features
    Xpeng, a Chinese automaker, unveiled its first vehicle featuring a proprietary smart-driving chip, marking a step away from reliance on US chipmaker NVIDIA, according to a report published by Nikkei Asia on June 11. The newly introduced G7 sport utility vehicle is equipped with Xpeng's Turing chip, named after the computer science pioneer Alan Turing. This chip is promoted as an enhancement for the company's intelligent cockpit and autonomous driving functionalities. Xpeng Chairman and CEO He...
    News
    Maruti Suzuki cuts e-Vitara production targets amid shortages of rare earth materials
    India's leading carmaker, Maruti Suzuki, has significantly reduced its near-term production targets for its inaugural electric vehicle, the e-Vitara, by nearly two-thirds due to rare earth material shortages, Reuters reported June 11. This decision underscores the ongoing disruptions affecting the automotive industry due to export restrictions imposed by mainland China. Originally, Maruti had planned to produce 26,500 e-Vitaras between April and September. However, the company now aims to man...
    News
    Marelli files for Chapter 11 bankruptcy protection in US to restructure debt
    On June 11, Marelli Holdings filed Chapter 11 proceedings in the US Bankruptcy Court for the District of Delaware to restructure its long-term debt obligations. “After careful review of the company's strategic alternatives, we have determined that entering the Chapter 11 process is the best path to strengthen Marelli's balance sheet by converting debt to equity, while ensuring we continue operating as usual,” David Slump, president and CEO of Marelli, said in a press release. Marelli said...
    Briefing
    Guangzhou Xiaopeng Motors Technology
    Guangzhou Xiaopeng Motors Technology Co., Ltd. designs, develops, manufactures, and sells EVs. It develops full-stack intelligent driving assistance technology and an in-vehicle intelligent operating system, as well as core vehicle systems including the powertrain and electronic and electrical architecture. The company was founded in 2016 and is based in Guangzhou, China with R&D centers in Shenzhen, Beijing, and Shanghai, China; and Santa Clara, California and a technology industrial park in Zh...
    Startup
    VinFast
    VinFast Trading and Production LLC manufactures vehicles. VinFast Trading and Production LLC has a cooperation agreement with Electrify America LLC. The company was incorporated in 2017 and is based in Hai Phong, Vietnam. VinFast Trading and Production LLC operates as a subsidiary of Vingroup Joint Stock Company.
    Startup
    Hyundai Motor’s rare earth stockpile can last about a year, report
    South Korean automaker Hyundai Motor has accumulated a rare earths stockpile sufficient to last about a year, Reuters reported June 10. The company does not expect any immediate effects from the global supply chain disruptions triggered by mainland China's export restrictions on rare earth elements and magnets. Mainland China's decision to limit exports of rare earths and related magnets in April caused challenges in the supply chains vital to automakers, aerospace manufacturers, semicondu...
    News
    Tata Motors aims to grow its EV charging network fivefold by decade’s end
    Tata Motors is planning to expand its electric vehicle charging infrastructure significantly by the end of this decade, aiming to mitigate range anxiety and improve EV adoption. The company intends to increase its public charging points to over 100,000 from the existing 22,000, covering more than 2,000 cities and towns with fast-charging facilities. The Mega Charger network, featuring ultrafast-charging guns ranging from 120 kW to 400 kW, is set to reach over 1,000 locations. Recently, Tata M...
    News
    VW to build future EVs on Rivian's new R2 platform
    As part of Volkswagen's joint venture with Rivian, VW will use Rivian's upcoming R2 platform for all its future electric vehicles, according to Rivian's Chief Software Officer Wassym Bensaid. Rivian plans for the R2 production to begin in the first half of 2026, with improvements over its predecessor, the R1, making the development process more efficient. The R2 offers a modular and scalable tech stack, allowing Volkswagen brands such as ŠKODA and Audi to inco...
    News
    Ample deploys modular battery-swap stations in Madrid
    US-based battery-swap technology company Ample has established its first modular battery-swapping stations in Madrid. This initiative was facilitated by the Moves Singulares award, a Spanish government-backed program aimed at promoting innovative technologies to support the transition to electric mobility. With €9.76 million in financial backing, Ample plans to install additional modular EV battery-swapping stations in Madrid's city center. This development is part of a larger strategy...
    News
    Automakers in mainland China commit to 60-day supplier payment terms to enhance industry efficiency
    Dongfeng Motor, Guangzhou Automobile Group Co. (GAC) and FAW Group, the leading state-owned automakers in mainland China, have committed to reducing supplier payment terms to 60 days, ETAuto reported June 11. The development comes amid growing regulatory scrutiny over delayed supplier payments and opaque financing practices in the automotive supply chain. This initiative is expected to improve capital flow and financial transparency in the mainland Chinese automotive industry, which ha...
    News
    AutoTechInsight Weekly - 9 June 2025
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    News
    Consortium led by Mitsubishi, Ample roll out battery-swapping initiative in Tokyo
    Mitsubishi Fuso Truck and Bus Corp. (MFTBC), Mitsubishi Motors Corp., Ample Inc. and Yamato Transport Co. Ltd. are launching a multiyear pilot program in September to deploy over 150 battery-swappable commercial electric vehicles and 14 modular battery-swapping stations across Tokyo. The program builds on a previous smaller pilot in Kyoto, Japan, and will involve swappable EVs, including MFTBC's eCanter truck and Mitsubishi Motors' Minicab EV, to serve commercial delivery fleets. Yamato Trans...
    News
    3ev Industries
    3ev Industries Private Limited designs, develops, manufactures and operates 3-wheel electric vehicles for passenger and cargo. The company provides hyper-local connectivity solutions and provides fulfillment solutions for enterprises from distribution center to end customer. 3ev Industries Private Limited was incorporated in 2019 and is based in Doddaballapura, India.
    Startup
    Ampere Electric Cars
    Ampere Electric Cars, Inc. manufactures electric car. Ampere Electric Cars, Inc. was incorporated in 2017 and is based in Santa Monica, California.
    Startup
    Ampersand Rwanda
    Ampersand Rwanda Ltd develops and manufactures electric vehicles and charging systems for motorcycle taxi drivers in East Africa. The company was founded in 2015 and is based in Kigali, Rwanda.
    Startup
    Arc Vehicle
    Arc Vehicle Limited produces and delivers electric motorcycles. The company was incorporated in 2017 and is based in Coventry, United Kingdom.
    Startup
    Ashnni Motors
    Ashnni Motors Pvt. Ltd. designs, engineers, and manufactures electric motor vehicles primarily for last-mile delivery. It offers DAPTIVE mobility-platform and AD100 electric vehicle. The company was incorporated in 2017 and is based in Pune, India.
    Startup
    BasiGo
    BasiGo operates electric buses. It also operates charging depots located close to bus routes. The company was founded in 2021 and is based in Nairobi, Kenya.
    Startup
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